Quote:
Originally Posted by Kevin
I could plausibly see a foundation playing a big role in expansion. Especially if they're working with some sort of national house corporation.
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Well, some groups have or had someone who is not a member as the director or employed in some other way with their foundation. For a while, ours was an AXO. She most assuredly did NOT have any say in where we expanded or what our expansion philosophy was/is. I'm sure she gave the expansion committee updates on the state of the foundation, but that's like my company's BOD calling the bank and asking what the prime rate is or something. It doesn't mean the bank is giving opinion on our buyouts/mergers/etc.
Long way of saying I think that's what Dani was talking about.